- •Часть I. "Современные тенденции в мировой экономике.
- •Предисловие
- •1.2. Read the following article and then
- •Who are the champions?
- •Europe's pride
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •1.2. Read the following article and then
- •1. European companies face competition from new directions;
- •Tomorrow the world
- •Necessarily global
- •When dancing elephants trip up
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.9. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •4.5. Analyse:
- •V. Writing.
- •5.2. Write your comments on the following passage from the text:
- •1.2. Read the following article and then
- •Home and abroad
- •What's new?
- •Beautifully simple
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •V. Writing.
- •1.2. Read the following article and then
- •The gain in Spain
- •II. Vocabulary.
- •2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
- •2.2. Give English equivalents (all found in the text above) for the following Russian terms.
- •2.3. In the text, find terms corresponding to the following definitions.
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •V. Writing.
- •5.2. Write your comments on the following:
- •1.2. Read the following article and then
- •In the steps of Adidas
- •A model to aspire to
- •Agony in Italy
- •II. Vocabulary
- •2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
- •2.2. Give English equivalents (all found in the text above) for the following Russian words and expressions.
- •2.3. In the text, find terms corresponding to the following definitions.
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •4.4. Consider
- •V. Writing.
- •5.2. Write your comments on the following:
- •1.2. Read the following article and then
- •The chic and the cheerless
- •Trumped by foreigners
- •Soft underbelly
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •Not what it was
- •It's all coming together
- •A new way of doing business
- •II. Vocabulary.
- •2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
- •2.2. Give English equivalents (all found in the text above) for the following Russian words and expressions.
- •2.3. In the text, find terms corresponding to the following definitions.
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.8. Translate into English.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •1. Read the text below to prove the following: "The car may be German, but its innards are nearly all from eastern Europe". Driving east
- •Case Study 2
- •1. Read the following article and then explain its title. The tortuous tale of Telecom Italia
- •Revolution, of sorts
- •1. Read the following article and then say what Mediterranean countries the article focuses on.
- •Investment in the Mediterranean The Med’s moment comes
- •Follow the money
- •Med revival
- •1. Read the following article and then prove that France’s negative attitude to older workers creates a business opportunity.
- •Jobs for the old
- •1. Read the following article and then provide details to explain its title.
- •Breaking up is hard to do But there are big rewards for firms that get it right
- •Timing is everything
- •1. Read the following article and then explain its title. Crisis? What crisis?
- •1. European business:
- •2. European small and medium-sized business:
- •3. Europe vs America:
- •4. Germany as a core European economy:
- •5. Models and strategies
- •Appendix
- •1. Templates for Introducing What "They Say"
- •2. Templates for Introducing "Standard Views"
- •7. Templates for Explaining Quotations
- •8. Templates for Disagreeing, with Reasons
- •9. Templates for Agreeing
- •10. Templates for Agreeing and Disagreeing Simultaneously
- •11. Templates for Signaling Who is Saying What in Your Own Writing
- •12. Templates for Embedding Voice Markers.
- •13. Templates for Making Concessions while Still Standing Your Ground
- •14. Templates for Indicating Who Cares
- •15. Templates for Establishing Why Your Claims Matter
- •16. Templates for Introducing Metacommentary
II. Vocabulary.
2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
A data firm; a recent wave of mergers; the value of deals topping ...bln; a high-profile hostile takeover; a foreign takeover; banks consolidation; privatised utilities; a friendly merger; an internal merger; predator; foreign expansion; goodwill costs; foreign corporate purchase; the difference between the book value of assets and the actual price paid; an inflationary boom in property, construction and banking.
2.2. Give English equivalents (all found in the text above) for the following Russian terms.
Трансграничные слияния и приобретения; первоочередная задача на текущий год; коммунальные услуги; общая стоимость сделок в Европе; ценовой контроль; расходы (плата) пользователей; уровень среднегодового роста экономики; завершение сделки по слиянию компаний; чистая прибыль; членство в евро; перекрестное владение акциями; блокирующий пакет акций; свободно обращающиеся акции.
2.3. In the text, find terms corresponding to the following definitions.
a) an offer made to the shareholders of a company by an individual or organisation to buy their shares at a specified price in order to gain control of that company;
b) a combination of two or more businesses on an equal footing that results in the creation of a new reporting entity formed from the combining businesses;
c) ownership of a company divided into shares;
d) individual or a company who spends most of his time looking for companies to purchase cheaply;
e) business agreement or affair or contract.
2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
a) cross-border mergers and acquisitions;
b) economic nationalism;
c) a healthy market for corporate control;
d) the single European market;
e) "economic patriotism";
f) predator;
g) a goldmine;
h) goodwill;
i) vintage mercantilism;
j) Spanish capitalism.
2.5. a) Complete the following collocations as they occur in the text
A |
B |
1. to launch |
a) an international merger |
2. to triple |
b) a bid |
3. to frustrate |
c) a deal |
4. to promote |
d) other companies |
5. to assume |
e) cross-border deals |
6. to supply |
f) blocking stakes |
7. to facilitate |
g) takeovers of native companies by foreigners |
8. to outbid |
h) the total value of European deals |
9. to block |
i) both fixed and mobile services |
10. to hold |
j) 100% ownership of a company |
b) translate the above collocations into Russian;
c) make use of them to express the main ideas of the article.
2.6. Complete the sentences below using the following words from the text
to close; to notch; to put; to accuse; to lag; to retain; to secure; to break |
1. The British government's competition commission looked into the matter with a view to ..... up the company's monopoly.
2. Very often, national governments ..... important stakes in privatised utilities.
3. Having ..... its place in wider Europe, the Spanish company tried to expand its operations in China.
4. Politicians in France and Spain ..... up barriers as soon as anyone tries to snap up their native companies.
5. After the attempt to protect Italian banks from takeover approaches by rivals in the Netherlands and Spain, the governor of the Bank of Italy was ..... of improper actions.
6. Italy, too, likes buying abroad, but ..... the shutters when the French and Spanish come looking.
7. Spain is emerging as a very successful predator: its economy has ..... up an impressive average annual growth rate of 3.8%.
8. Although some European countries are doing pretty well, the rest of continental Europe is still ..... behind.